GBG gindalbie metals ltd
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shipping signals, page-19

  1. sdo
    354 Posts.
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    01/11/13
    23:11
    Post #: 12520981
    Higher shipping volumes should be good news but what worries me is how much KML is getting for their IO? GBG hasn't been releasing IO revenue information and I keep thinking that if revenue was positive news why wouldn't they release this information? For the Sept'13 quarter, 1.7mt was shipped and KML still needed a cash injection of $US200M when the estimated full operational cost per quarter at full steady-state production is forecast to be only $175M! Get ready for some negative revenue information. DYOR.
    GBG Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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